"If you charge us, we charge them:" Trump announces 25% tariffs on steel, aluminium imports to US

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"If you charge us, we charge them:" Trump announces 25% tariffs on steel, aluminium imports to US

^{Published on 2025-02-10 00:20:39 - MSN}

United States President Donald announced that new tariffs on all steel and aluminium imports into the country will be revealed on Monday. Speaking to reporters aboard Air Force One en route to the NFL Super Bowl on Sunday Trump said that the tarrifs from Monday will impose a 25 per cent charge on all steel imports entering the United States,

The article discusses former President Donald Trump's announcement of imposing a 25% tariff on steel and aluminum imports to the United States, as part of his strategy to protect American industries and jobs. This decision was made in response to what Trump described as unfair trade practices by other countries, particularly China, which he accused of flooding the U.S. market with cheap steel and aluminum. The tariffs aim to counteract these practices by making imported metals more expensive, thereby encouraging domestic production. Trump's policy reflects his broader "America First" economic approach, which seeks to rebalance trade relationships and reduce the trade deficit. Critics argue that such tariffs could lead to retaliatory measures from trade partners, potentially sparking a trade war, while supporters believe it will strengthen U.S. manufacturing and protect national security interests by ensuring a robust domestic steel and aluminum industry.

Read the Full MSN Article at:
[ https://www.msn.com/en-xl/politics/government/if-you-charge-us-we-charge-them-trump-announces-25-tariffs-on-steel-aluminium-imports-to-us/ar-AA1yIXgi ]

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